Question 1
Refer to the information provided in Table 24.2 below to answer the question(s) that follow.


Refer to Table 24.2. The equilibrium level of output is ________ billion.
◦ $1000
◦ $1,500
◦ $2,000
◦ $2,500
Question 2
Refer to the information provided in Table 24.2 below to answer the question(s) that follow.


Refer to Table 24.2. At an output level of $1,500, disposable income
◦ is $1,000.
◦ is $1,200.
◦ is $1,400.
◦ cannot be determined from this information.